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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›ITXP›Financials
Annual statements · SEC XBRL · FY2024 – FY2025

Independence Power Holdings, Inc. (ITXP) financials

Income statement

Independence Power Holdings, Inc. (ITXP) income statement, annual, from SEC filings
Fiscal yearFY2024FY2025
Revenue$0.00$97.2M
Gross profit$0.00$94.7M
Gross margin—97.4%
Operating income-$2.76M$85.7M
Operating margin—88.2%
Net income-$2.76M$68.9M
Net margin—70.9%
EPS (diluted)-$0.01$0.31

Cash flow

Independence Power Holdings, Inc. (ITXP) cash flow, annual, from SEC filings
Fiscal yearFY2024FY2025
Operating cash flow-$2.72M-$337K
Capital expenditures$576.00$0.00
Free cash flow-$2.72M-$337K

Balance sheet

Independence Power Holdings, Inc. (ITXP) balance sheet, annual, from SEC filings
Fiscal yearFY2024FY2025
Cash & equivalents$67.6K$1.58M
Total assets$566K$92.8M
Total liabilities$271K$19.4M
Shareholders' equity$294K$73.5M
Retained earnings-$2.76M$63.0M
Shares (wtd avg diluted)224M224M

Every figure is extracted from Independence Power Holdings, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Independence Power Holdings, Inc.'s annual revenue?
Independence Power Holdings, Inc. (ITXP) reported $97.2M of revenue for fiscal year 2025, per its annual report filed with the SEC.
Is Independence Power Holdings, Inc. profitable?
Yes — ITXP earned $68.9M of net income in FY2025, a 70.9% net margin, per SEC filings.
What is Independence Power Holdings, Inc.'s free cash flow?
-$337K in FY2025 (operating cash flow -$337K minus $0.00 of capital expenditures), from the SEC cash-flow statement.
Does ITXP pay a dividend?
Independence Power Holdings, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ITXP analysis — verdict, score & filings →Is ITXP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.